Banking / Investment in Ecuador
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HSBC remains the leader of The Banker’s Central American
ARGENTINA, 2013/03/13 While Panama's banks held their lead as the biggest banks in Central America, Nicaragua steamed ahead in terms of return on capital and return on assets. HSBC remains the leader of The Banker’s Central American rankings with a Tier 1 capital up by 8.38% to $1.23bn in 2011, the last available financial year. -
Ecuador law would forgive debt on defaulted mortgages of first-time buyers
ECUADOR, 2012/05/10 Ecuador’s legislature has passed a bill that would require banks to forgive any outstanding debt on mortgages for first-time home buyers of properties worth up to $146,000 if they default and forfeit the home.
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